How many Deck Medic outlets were opened in North Carolina during the year 2023?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | ||
|---|---|---|
| Year | ||
| Illinois | 2021 | 1 |
| 2022 | 0 | |
| 2023 | 0 | |
| North Carolina | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 1 | |
| Total | 2021 | 1 |
| 2022 | 0 | |
| 2023 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 39–42)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, one outlet was opened in North Carolina during the year 2023. The provided table shows the number of outlets opened in North Carolina for the years 2021, 2022 and 2023. In 2021 there were no outlets opened, in 2022 there were also no outlets opened, and in 2023 there was one outlet opened.
Prospective franchisees can use this information to understand the growth and expansion of Deck Medic in specific geographic areas. This data helps in assessing the brand's acceptance and market penetration in different states. It's important to note that past performance doesn't guarantee future results, but it provides a tangible view of the franchise's development over recent years.
Franchisees should also consider other factors, such as local market conditions, competition, and the franchisor's support, to determine the potential success of a Deck Medic franchise in their desired location. Reviewing the overall trends in outlet openings and closures, as detailed in other tables within Item 20, can provide a more comprehensive understanding of the franchise system's stability and growth trajectory.